Guerrilla Games Announces Horizon Hunters Gathering: New Co-op Action Game with Cross-Platform Play
February 5, 2026
Players can choose from a diverse roster of Hunters offering distinct melee or ranged combat styles, plus a roguelite-style perk system to tailor builds for team strategies.
The article notes that the stock alert referenced is automated and may reflect reporters’ positions, with no material holdings influencing the report.
Observers caution that launching a live-service Horizon game amid current sentiment, market saturation, and skepticism toward live-service models could be ill-timed.
Sony’s NYSE-listed profile is cited, with a beta around 0.36 and a market capitalization near $126.55 billion, indicating a relatively lower-beta stance.
Guerrilla Games unveils Horizon Hunters Gathering, a three-player cooperative action game set in the Horizon universe for PC and PS5, featuring cross-play and cross-progression, with a standalone narrative that fits within the broader Horizon canon.
Two core modes will be available in a closed Play Test later this month: Machine Incursion, a wave-based mission culminating in a boss, and Cauldron Descent, a longer multi-stage trial with changing rooms and hidden rewards.
Visuals trend toward a cartoony, Fortnite-like aesthetic, signaling a lighter tone compared with the photorealism of mainline Horizon titles.
The cartoonish, Fortnite-inspired look may deter some players, though the author sees potential in this spin-off despite not being fully sold yet.
The announcement arrived unexpectedly, with mere hints of a State of Play later this month, but no timing or content details were provided.
Financials are solid, but risk factors include high volatility and a modest Altman Z-Score, signaling potential distress risks amid rapid tech disruption and competition.
Author background notes: journalist with GamesRadar+ experience, including a brief mention of a display name prompt for commenting.
Horizon’s commercial success is highlighted, with the franchise surpassing 40 million copies sold and ongoing expansion including related projects like Horizon Steel Frontiers.
Summary based on 53 sources
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Sources

The Verge • Feb 5, 2026
PlayStation’s live service push continues with a co-op Horizon spinoff
Metro • Feb 5, 2026
Horizon Zero Dawn live service spin-off revealed ahead of new State of Play
